Group Fund
Kotak Group Balanced Fund
(ULGF-003-27/06/03-BALFND-107)
MONTHLY UPDATE MAY 2024
|
AS ON 30th September 2023
|
Aims for moderate growth by holding a diversified mix of equities and fixed interest instruments. May also be susceptible to moderate levels of
shorter-term volatility (downside risk).
Date of Inception
27th June 2003
AUM (in Lakhs)
2,47,768.30
NAV
132.8297
Fund Manager
Equity : Rohit Agarwal
Debt : Manoj Bharadwaj
Debt : Manoj Bharadwaj
Benchmark Details
Equity - 60% (BSE 100)
Debt - 40% (Crisil Composite Bond)
Debt - 40% (Crisil Composite Bond)
Modified Duration
Debt & Money
Market Instruments : 6.01
Asset Allocation
| Approved (%) | Actual (%) | |
| Equity | 30 - 60 | 59 |
| Gsec / Debt | 20 - 70 | 37 |
| MMI / Others | 00 - 40 | 4 |
Performance Meter
| Kotak Group Balanced Fund (%) | Benchmark (%) | |
| 1 month | 2.3 | 1.2 |
| 3 months | 5.2 | 4.0 |
| 6 months | 16.0 | 14.4 |
| 1 year | 25.0 | 20.1 |
| 2 years | 14.8 | 12.4 |
| 3 years | 13.8 | 12.3 |
| 4 years | 17.8 | 16.9 |
| 5 years | 13.6 | 12.3 |
| 6 years | 12.4 | 11.4 |
| 7 years | 12.0 | 11.3 |
| 10 years | 13.1 | 11.6 |
| Inception | 13.2 | 11.8 |
| Holdings | % to Fund |
| Equity | 58.54 |
| ICICI Bank Ltd. | 3.69 |
| Reliance Industries Ltd | 3.05 |
| HDFC Bank Ltd. | 2.53 |
| Bharti Airtel Ltd. | 2.42 |
| Infosys Ltd. | 2.23 |
| Larsen And Toubro Ltd. | 1.73 |
| Axis Bank Ltd. | 1.61 |
| Maruti Suzuki India Ltd | 1.51 |
| I T C Ltd. | 1.38 |
| State Bank of India. | 1.33 |
| Venus Pipes and Tubes Ltd | 1.29 |
| Zomato Ltd | 1.24 |
| Tech Mahindra Ltd. | 1.15 |
| Interglobe Aviation Ltd. | 0.98 |
| National Thermal Power Corporation Ltd | 0.97 |
| Bharat Electronics Ltd. | 0.94 |
| Shriram Finance Limited | 0.91 |
| Tata Motors Ltd. | 0.87 |
| UltraTech Cement Ltd. | 0.86 |
| Ambuja Cements Ltd | 0.85 |
| Others | 26.99 |
| G-Sec | 24.87 |
| 7.18% GOI - 14.08.2033 | 6.00 |
| 7.18% GOI - 24.07.2037 | 3.90 |
| 7.25% GOI - 12.06.2063 | 3.81 |
| 7.30% GOI - 19.06.2053 | 2.62 |
| 7.10% GOI - 08.04.2034 | 1.79 |
| 7.26% GOI - 06.02.2033 | 0.66 |
| 7.61% GOI - 09.05.2030 | 0.62 |
| 7.45% MH SDL - 20.03.2038 | 0.40 |
| 7.48% UP SDL - 20.03.2036 | 0.36 |
| 7.36% GOI - 12.09.2052 | 0.32 |
| Others | 4.40 |
| Corporate Debt | 12.59 |
| 7.38% Cholamandalam Invest and Fin co Ltd - 31.07.2024 | 0.99 |
| 8.65% Cholamandalam Invest and Fin co ltd - 28.02.2029 | 0.96 |
| 6.99% IRFC - 04.06.2041 | 0.59 |
| 7.70% L&T Ltd. - 28.04.2025 | 0.58 |
| 8.95% Bharti Telecom Limited Series XVII - 04.12.2026 | 0.54 |
| 7.97% HDFC BANK - 17.02.2033 | 0.51 |
| 7.85% PFC - 03.04.2028 | 0.49 |
| 8.59% Cholamandalam Invest and Fin co ltd - 30.04.2029 | 0.45 |
| 8.10% Embassy Office Parks REIT - 28.08.2028 Call -28/02/28 | 0.44 |
| 7.05% Embassy Office Parks REIT - 18.10.2026 | 0.42 |
| Others | 6.61 |
| MMI | 2.93 |
| NCA | 1.08 |
**NIC 2008 - Industrial sector as defined under National Industrial Classification 2008.
